A weaker car market dragged down Wallenius Wilhelmsen's second quarter results,and might threaten its bottom line further.

Despite much higher Ebitda, the Oslo-listed ro-ro operator Wednesday reported a $3m net profit for the second quarter of 2019, from $23m a year ago.

The company reported that fuel compensation offset the cargo decline, but macroeconomic factors could continue to depress profits, despite its "balanced view" of its future prospects.